Annual report pursuant to section 13 and 15(d)

Note 10 - Commitments (Tables)

v2.4.0.8
Note 10 - Commitments (Tables)
12 Months Ended
Dec. 31, 2012
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

Years ending December 31,

 

 

 

2013

 

$

142,680

 

2014

 

 

140,583

 

2015

 

 

62,638

 

Total minimum payments

 

$

345,901

 

Schedule of Future Minimum Royalty Payments [Table Text Block]

Years ending December 31,

 

 

 

2013

 

$

95,000

 

2014

 

 

95,000

 

2015

 

 

95,000

 

2016

 

 

95,000

 

2017

 

 

95,000

 

Thereafter

 

 

915,000

 

Total minimum payments

 

$

1,390,000